FAZZINO-PENICKA UNIT
FAZZINO-PENICKA UNIT is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 221,279 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $858K, with roughly $323K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 527 barrels a month. Its strongest month on the record we hold was May 2020, at 1,673 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about FAZZINO-PENICKA UNIT
- Who operates FAZZINO-PENICKA UNIT?
- FAZZINO-PENICKA UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is FAZZINO-PENICKA UNIT?
- FAZZINO-PENICKA UNIT is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21279.
- Is FAZZINO-PENICKA UNIT still producing?
- FAZZINO-PENICKA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FAZZINO-PENICKA UNIT is August 2026.
- How much has FAZZINO-PENICKA UNIT produced?
- FAZZINO-PENICKA UNIT has reported 221,279 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FAZZINO-PENICKA UNIT worth?
- The remaining production from FAZZINO-PENICKA UNIT is estimated to be worth about $858K in total as of 27 August 2026, within a range of $669K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAZZINO-PENICKA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FAZZINO-PENICKA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAZZINO-PENICKA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FAZZINO-PENICKA UNIT generate in a year?
- FAZZINO-PENICKA UNIT is forecast to net about $323K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FAZZINO-PENICKA UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 21279 |
| Wellbores | 1 |
| Reported production | 221,279 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $858K |
Where FAZZINO-PENICKA UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.